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HLIT

Harmonic, Inc.

$11.36

Earnings Summary

Revenue
$157.45Mn
Net Profits
$14.84Mn
Net Profit Margins
9.43%
PE Ratio
35.81

Highlights

Revenue:

Harmonic, Inc.’s revenue jumped 38.78% since last year same period to $157.45Mn in the Q2 2022. On a quarterly growth basis, Harmonic, Inc. has generated 6.79% jump in its revenue since last 3-months.

Net Profits:

Harmonic, Inc.’s net profit jumped 838.68% since last year same period to $14.84Mn in the Q2 2022. On a quarterly growth basis, Harmonic, Inc. has generated 1070.57% jump in its net profits since last 3-months.

Net Profit Margins:

Harmonic, Inc.’s net profit margin jumped 632.25% since last year same period to 9.43% in the Q2 2022. On a quarterly growth basis, Harmonic, Inc. has generated 1008.88% jump in its net profit margins since last 3-months.

PE Ratio:

Harmonic, Inc.’s price-to-earnings ratio after this Q2 2022 earnings stands at 35.81.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Harmonic, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.09
EPS Estimate Current Year
0.09

Highlights

EPS Estimate Current Quarter:

Harmonic, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.09 - a 125% jump from last quarter’s estimates.

EPS Estimate Current Year:

Harmonic, Inc.’s earning per share (EPS) estimates for the current year stand at 0.09.

Key Ratios

Key ratios of the Harmonic, Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
0.16
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Harmonic, Inc.’s earning per share (EPS) jumped 220% since last year same period to 0.16 in the Q2 2022. This indicates that the Harmonic, Inc. has generated 220% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Harmonic, Inc.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Harmonic, Inc.’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

Harmonic, Inc. declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-01
0.09
0.16
77.78%
2022-05-05
0.04
0.08
100%

Company Information

Harmonic, the worldwide leader in virtualized cable access and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized cable access networking via the industry's first virtualized cable access solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen.

Organisation
Harmonic, Inc.
Headquarters
San Jose, California, US
Employees
1.17K
Industry
Telecommunications Equipment
CEO
Patrick Harshman